Review of the Historical Impact of Trump Tariff Policies on the Crypto Market: Short-term Shocks and Long-term Rebound Patterns
Historically, US tariff hikes have caused short-term panic in the crypto space, but subsequent negotiations, policy suspensions, or macroeconomic easing often lead to rapid rebounds. Here are key historical cases:
1. 2018-2019 US-China Trade War (Trump’s First Term)
Imposed 10-25% tariffs on hundreds of billions of dollars worth of Chinese goods, affecting hardware like mining machines.
Impact: BTC dropped from $19,000 to $3,000, mining costs increased, hash rate temp
View Original